000			01585pab a2200181 454500
008			180718b2017 xxu||||| |||| 00| 0 eng d
100			_aSingh, Kulwant
245			_aState finances of special category states: a comparative study of Himachal Pradesh and Jammu and Kashmir
260			_c2017
300			_ap.75-95.
362			_aJan-Mar
520			_aThe states facing distinct problems of hilly terrain and turbulent international borders were considered as the main beneficiaries of the special category status (SCS). In these special category states, hilly terrain has been considered as the major challenge for the pace of infrastructural development. It was realised that fiscal restructuring/reforms are imperative for increasing efficiency of resource mobilisation and allocation in the economy and for the overall macroeconomic stability. Fiscal restructuring has been initiated in both Himachal Pradesh and Jammu & Kashmir on the recommendations of the Eleventh, Twelfth, and Thirteenth Finance Commissions but expected results are still awaited. The appropriate expenditure policy is missing in both the states. Consequently, the resources available with the states are insufficient to meet their respective socio-economic obligations. It has been observed based on certain fiscal indicators that both the states are under debt stress.
650			_aPublic finance - India - Himachal Pradesh
650			_aPublic finance - India -Jammu and Kashmir
650			_aPublic finance
773			_aIASSI Quarterly: Contribution to Indian Social Science
909			_a116242
999			_c116236 _d116236